GLENS FALLS, N.Y. (AP) _ Arrow Financial Corp. (AROW) on Tuesday reported fourth-quarter net income of $8.8 million.
The Glens Falls, New York-based bank said it had earnings of 60 cents per share.
The bank holding company posted revenue of $32.8 million in the period. Its revenue net of interest expense was $28.5 million, beating Street forecasts.
For the year, the company reported profit of $36.3 million, or $2.50 per share. Revenue was reported as $113 million.
Arrow Financial shares have dropped slightly since the beginning of the year. The stock has declined 3 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROW at https://www.zacks.com/ap/AROW